CORPORATIONS REGULATIONS 2001 - REG 7.11.12 Sufficient transfer of Division 3 assets: licensed trustee company or Public Trustee of a State or Territory
CORPORATIONS REGULATIONS 2001 - REG 7.11.12
Sufficient transfer of Division 3 assets: licensed trustee company or Public Trustee of a State or Territory(1) This regulation applies to the transfer of Division 3 assets, otherwise than by way of sale, gift or exchange, by:
(a) a licensed trustee company; or
(b) a Public Trustee of a State or Territory; or
(c) a company mentioned in Schedule 9;
whether alone or together with any other person or persons, to the beneficial owner of the Division 3 assets.
(2) A document is a sufficient transfer of the Division 3 assets if it:
(a) relates to those assets; and
(b) is completed in accordance with Form 9.